PSRC approves tariff for solar energy

24 Oct 2018

New tariff for solar energy has been approved.

On October 24, 2018 the Public Services Regulatory Commission of Armenia (PSRC) approved the tariff at 23.864AMD/Kwh for solar PV stations up to 5 MW production with total capacity of 100 MW. 
In 2017, the international competition was announced for the construction of the Masrik-1 solar photo-voltaic station. The resulting tariff was announced in 2018 at $0.0419 (approximately 20 Armenian Drams), without VAT.
In 2016, The Public Services Regulatory Commission set the tariff for industrial-scale solar PV stations with a rated capacity of 1 MW at 42,845 AMD / kWh with total capacity of 10 MW.